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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Comment by likeikeon Aug 12, 2021 12:44pm
169 Views
Post# 33694494

RE:RE:RE:Incredible

RE:RE:RE:IncredibleBC said

Thirdly, no one can predict a set date on obtaining a listing and the day when trading commences. It is always a rough timeline estimate. You need approvals by many third party agencies and need to finalize a complex process. This is 100% normal having gone through this on a former client many years ago. So your questiton mark makes no sense. 

I have been pondering of late this trading and it does smell like before

a company does a take over and agree to pay a premium over the last

20 or 30 days (preagreed upon) average. I do not think they are doing

a take over but do think it is possible they have agreed with a large

instituition on the price by weighted average. Usually in such cases

you see the stock languishing on a no news policy.

Am I out to lunch BC or is it possible?  IKE


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